LG Targets Sales Jump

By

Min-Jeong Lee

Updated Feb. 26, 2013 12:01 a.m. ET

SEOUL—LG Electronics Inc. is setting an ambitious goal for smartphone sales this year, but analysts are skeptical that the South Korean handset maker would be able to close the gap with dominant rivals Samsung Electronics Co. and Apple Inc.

LG's mobile business has struggled since 2010 with the emergence of high-end smartphones and tablets and has been a drag on the company's overall performance. The company hopes that a focus on...